Thursday 16th November 2017
The risk off mood has influenced the markets overnight. Phil Dobbie asks NAB’s Tapas Strickland what’s driving this sentiment and is it expected to continue? Solid CPI and retail sales figures from the US don’t seem to have had much impact. Meanwhile, the Aussie dollar hasn’t gained ground since the collapse on the release of weaker than expected CPI figures yesterday. And Britain’s wage growth was weak too, but no worse than expected. So, a morning of falling prices – but, hey, things can only get better, can’t they?